Business

Despite McCain, analysts see F/A-22, tankers surviving

Article Abstract:

Comments by Sen. John McCain on the cancellation of the expensive F/A-22 Raptor fighter program in order to increase funds for troop strength in Iraq and the move from lease to purchase of 100 aerial refueling tankers from the Boeing Co. have caused controversy in Washington and among investors. However, defense industry analysts believe that despite the budget pressures, the lack of a replacement for the F/A-22 will result in its survival.